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Congressional Research Service Issues Insight White Paper on Federal Debt & Debt Limit in 2022
November 17, 2022
WASHINGTON, Nov. 17 (TNSrep) -- The Congressional Research Service issued the following Insight white paper on the federal debt and the debt limit in 2022 (No. IN12045) on Nov. 16, 2022, by economic policy analyst D. Andrew Austin.

Here are excerpts:

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Federal debt is again nearing its statutory limit. The policy questions raised by federal debt and its limit in 2022 are colored by the aftereffects of the 2007-2009 financial crisis and ensuing Great Rec . . .

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